New Jersey Business Startup Guides
Start a Business in Princeton, New Jersey
Are you starting a business in Princeton, New Jersey? This article discusses the most important things to consider when opening a business in Princeton.
Princeton, New Jersey Demographic Information
Princeton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Princeton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Princeton.
Businesses
As a new Princeton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Princeton for each business category. By looking at this chart, you can get a general sense for how much competition there is in the business niche that you are pursuing.
Businesses
Have You Considered Buying an Existing Princeton Business?
An excellent way to get started in business is to Buy a Business in New Jersey. Follow that link and you may find several good businesses for sale in Princeton.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Don't Forget to Create a Business Plan
Having a business plan is vital in maximizing the prospects of your new company. Indeed, your business plan is your game plan for how you hope to grow your business. Not having a business plan makes you more prone to becoming a business failure statistic.
Before you start writing a business plan, we suggest you skim Business Plan Software. You can also get face-to-face free consulting available from your local SCORE chapter in New Jersey.
Getting Money to Start a Business
Obtaining startup financing for your Princeton business is a difficult chore. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Borrowing Money from Friends and Family.
For Princeton entrepreneurs with great ambition but a shortage of investment capital, check out our List of New Jersey Angel Investors and our List of New Jersey Venture Capital Firms.
Building Up Your Sales
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Princeton or are selling to customers throughout New Jersey, the United States or even the world, you have to be able to sell.
Why should customers buy from you instead of buying from competitors? Let us help you refine your selling techniques through our many useful sales advice tips.
Closing Sales Techniques offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Improving Your Entrepreneurial Skillset
Successful entrepreneurs recognize that what they know now may not be enough to ensure their future success.
With your business being located in Princeton, New Jersey, you should investigate some of the many programs available at nearby New Jersey universities, colleges and community colleges. Another way to keep up on your learning is to investigate networking groups or organizations in which Princeton entrepreneurs get together to network and trade their business experiences.
Next Steps
You have a dream -- starting a business in Princeton. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
Our goal here is to promote the vitality and growth of small businesses in Princeton and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Princeton entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Princeton, New Jersey
Here are more links that we believe will help you be successful in starting a business in Princeton.
- Resources for Princeton, New Jersey Entrepreneurs - Browse a variety of resources we've collected to assist Princeton entrepreneurs.
- New Jersey Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in New Jersey.
- New Jersey Small Business Development Center - The New Jersey Small Business Development Centers (NJSBDC) network helps New Jersey small businesses expand operations, manage growth or launch new ventures. With offices in every county of the state, NJSBDC consultants help small business owners finance, market and manage their ventures.
More Startup Articles for New Jersey Cities
Starting a Business in Point Pleasant Beach
Starting a Business in Princeton Junction
Browse All Business Startup Guides for New Jersey
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs